Welsbach Technology Metals Acquisition Corp. (NASDAQ:EMAT) Shares Shorted: Short Interest Up 83.0% in October

Posted by Geri Gentry on Nov 3rd, 2026

Welsbach Technology Metals Acquisition Corp. (NASDAQ:EMAT – Get Free Report) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 3,918,564 shares, an increase of 83.0% from the September 30th total of 2,141,802 shares. Currently, 731.1% of the company’s shares are sold short. Based on an average trading volume of 1,953,967 shares, the days-to-cover ratio is presently 2.0 days.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of Welsbach Technology Metals Acquisition from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, August 7th. Wall Street Zen cut shares of Welsbach Technology Metals Acquisition from a “hold” rating to a “sell” rating in a report on Saturday, September 26th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $12.00.

Read Our Latest Analysis on EMAT

Welsbach Technology Metals Acquisition Stock Down 7.3%

Shares of NASDAQ EMAT opened at $1.53 on Tuesday. The stock has a market cap of $3.82 million and a PE ratio of -38.25. The business has a 50-day moving average price of $2.58 and a 200 day moving average price of $5.83. Welsbach Technology Metals Acquisition has a 52-week low of $1.28 and a 52-week high of $24.09.

Welsbach Technology Metals Acquisition (NASDAQ:EMAT – Get Free Report) last released its quarterly earnings results on Monday, August 17th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.01. The business had revenue of $1.64 million during the quarter, compared to analysts’ expectations of $2.10 million. Sell-side analysts anticipate that Welsbach Technology Metals Acquisition will post -0.78 earnings per share for the current year.

Hedge Funds Weigh In On Welsbach Technology Metals Acquisition

A hedge fund recently bought a new stake in Welsbach Technology Metals Acquisition stock. Alps Advisors Inc. bought a new position in shares of Welsbach Technology Metals Acquisition Corp. (NASDAQ:EMAT – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 61,190 shares of the company’s stock, valued at approximately $156,000. Alps Advisors Inc. owned approximately 2.45% of Welsbach Technology Metals Acquisition as of its most recent filing with the SEC. Hedge funds and other institutional investors own 48.61% of the company’s stock.

Welsbach Technology Metals Acquisition Company Profile

(Get Free Report)

Welsbach Technology Metals Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with a company operating in the technology metals sector. Its focus is on businesses involved in the exploration, mining, processing, refining, recycling or development of metals that support advanced industrial and technology applications.

Unlike an operating mining or materials company, Welsbach Technology Metals Acquisition Corp. does not appear to have established commercial products, mining properties or operating revenue of its own.